JJ PV Solar Ltd - IPO

JJ PV Solar Ltd IPO Details

Initial public issue of up to 65,00,000 equity shares of face value of Rs. 10/- each of JJ PV Solar Limited (JPSL or the Company or the Issuer) for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*]/- per equity share (the Issue Price) aggregating to Rs. [*] crores (the Issue), of which [*] equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of [*] equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after referred to as the Net Issue. The issue and the net issue will constitute [*] and [*], respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Repayment / prepayment, in full or part, of certain outstanding borrowings availed by our Company. To Meet Working Capital Requirements. General Corporate Purpose.

JJ PV Solar Ltd Contact Details

JJ PV Solar Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - compliance@jjpvsolar.com

Website - www.jjpvsolar.com